Sunday, August 12, 2007

Yahoo - bet with the company's president

Came across this news bit and thought it might be interesting.

NEW YORK (Reuters) -- Yahoo Inc. President Susan Decker purchased about $1.1 million of the Internet company's shares this week just after the stock hit a three-year low. read story

Also check out the weekly chart of yahoo. She buys right at the weekly support level. Does she know something or is she a trader also?




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About Me

I have been trading for 5 years. It took close to a year before I became profitable. I find that I am improving gradually each year. My method of choice is scalping. My edge lies in tape reading NYSE stocks and staying on the side of the specialist. That is the method I learned when I started. As I build up my capital I will try new styles and trade new markets. In late 2006 my trading hit a rough patch after the introduction of the NYSE Hybrid system. For most of 2007, I have been on a search for new strategies that would help me adapt to the market.